Relations between India and Russia are rooted in history, mutual trust and mutually beneficial cooperation. This is a strategic partnership that has withstood the test of time, and which enjoys the support of the people of both countries.
Diplomatic relations between India and Russia began even before India achieved independence, on 13 April 1947. In the period immediately following independence the goal for India was attaining economic self-sufficiency through investment in heavy industry. The Soviet Union invested in several new enterprises in the areas of heavy machine-building, mining, energy production and steel plants. During India’s second Five Year Plan, of the sixteen heavy industry projects set up, eight were initiated with the help of the Soviet Union. This included the establishment of the world famous IIT Bombay.
A watershed moment in relations between India and the Soviet Union was the signing of the Treaty of Peace and Friendship in August 1971. The Treaty was the manifestation of shared goals of the two nations as well as a blueprint for the strengthening of regional and global peace and security.
The nineties were a tumultuous period for both countries. In 1990, India extended loans to the USSR in the form of technical credit and in 1991, India extended food credit and gift of 20,000 tonnes of rice. After the dissolution of the Soviet Union, India and Russia entered into a new Treaty of Friendship and Cooperation in January 1993 and a bilateral Military-Technical Cooperation agreement in 1994.
In 2000, during the visit of President Putin to India, the partnership acquired a new qualitative character, that of a Strategic Partnership. The strategic partnership institutionalized annual meetings between the Prime Minister of India and the President of Russia and meetings have been held regularly since then. During the 2010 visit of President Dmitry Medvedev the relationship was elevated to the status of a Special and Privileged Strategic Partnership. So far, eighteen Annual India-Russia Summits have been held since 2000. These have led to personal contacts and close understanding at the highest level between our leaders.